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Topic: if you get money back from taxes what are you going to do with it?  (Read 1760 times)

rghvac69

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Re: if you get money back from taxes what are you going to do with it?
« Reply #15 on: January 14, 2013, 05:24:43 am »
If I get a refund I'm going to put it into my savings account.

dbsaus1

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Re: if you get money back from taxes what are you going to do with it?
« Reply #16 on: January 14, 2013, 05:40:28 am »
If I get a refund I'd put mine into savings.
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bremer51

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Re: if you get money back from taxes what are you going to do with it?
« Reply #17 on: January 14, 2013, 06:57:51 am »
We usually throw it in the joint savings account and use it for property taxes and family vacations.  Last year was the first year we got a decent refund.

lvstephanie

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Re: if you get money back from taxes what are you going to do with it?
« Reply #18 on: January 14, 2013, 07:00:49 am »
I'm not sure if I'll get a refund this year... We started a karaoke business last year, so that's additional income that I'll have to account for. At least with that, I'm able to write off some more expenses associated with it (and we had a bunch of start-up costs this last year). I'm worried, however, that I may have to pay some penalties (for state income taxes) since the karaoke may have made more than the threshold where they require you to pay taxes quarterly. If I do end up getting a refund, I'll just use it to pay off some debt.

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